Business
South Korea tops entrepreneurship environment index in Asia
Thailand ranks in 8th position in the 2018 edition of Global Entrepreneurship Index, and 4th of Asean countries, following Singapore, Brunei and Malaysia.
South Korea tops the region in entrepreneurship environment with a score of 54%, according to the recently released Global Entrepreneurship Index.
The country jumped three spaces up from the last year.
The tech giant has been ahead of producing new technologies and introducing new products to customers. It is closely followed by Singapore and Japan with a score of 53% and 52%respectively.
China is ranked fourth in the region with a score of 41%
China’s physical infrastructure contributes to the country’s score followed by its market dynamics. It is followed by Brunei and Malaysia that have as score of 34% and 33% respectively.
India is ranked seventh in the region with a score of 28%
Despite various initiatives of the current government like “Make in India” the country is far behind as compared to other established regional leaders.
According to the report the country’s strong areas are in product and process innovation, opportunity start-up, and robust competition in the marketplace.
It is followed by Thailand, Philippines and Vietnam.
BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery.
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Thailand aims to push its games and content industry
After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.
Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub.
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